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Re:San Francisco, Silicon Valley rents plunge amid downturn by silentsea90 on Monday June 01, 2020 @12:47PM (#23380545)
Do you know when the mortgage payment forgiveness for publicly backed mortgages runs until? I heard it was 6 months or 1 year (not sure which). Do we expect a reckoning after this ie. if the economy is still suffering then
Re:San Francisco, Silicon Valley rents plunge amid downturn by treis on Monday June 01, 2020 @01:28PM (#23381139)
It's a year. If things are still bad then it's likely to be extended longer. Especially if the Dems win the election in the fall.
Re:San Francisco, Silicon Valley rents plunge amid downturn by newhotelowner on Monday June 01, 2020 @02:55PM (#23382265)
SBA backed mortgage payment forgiveness is only for 6 months. Which program offers 1 years of mortgage payment forgiveness?
Re:San Francisco, Silicon Valley rents plunge amid downturn by treis on Monday June 01, 2020 @03:04PM (#23382372)
The CARES act.
Re:San Francisco, Silicon Valley rents plunge amid downturn by silentsea90 on Monday June 01, 2020 @02:28PM (#23381941)
Not as if Republicans don't want the stock market to stay as high. Both parties will push for such a resolution.